The National Association of Capital Markets Investors (ANIMEC)

Minority shareholder interests have been advanced considerably by the Associação Nacional de Investidores do Mercado de Capitais (ANIMEC) or the National Association of Capital Markets Investors.

The reporting requirements of the São Paulo Stock Exchange and the roles of the National Association of Capital Market Investors, the Brazilian Institute of Corporate Governance and the National Association of Investment Banks in promoting improved transparency and disclosure are also discussed.

Rapid capital accumulation in developing countries propels economic growth, especially through productivity growth, while a weak financial system and associated lack of capital would act as barriers to trade and development.

Globalization and the associated worldwide exchange of goods, capital and labour represent an enormous challenge for employment and social policy.

More detailed information was also requested on the financial implications for conference services of associated costs of the capital master plan.

In order to apply the equity method to investments in associated companies, Brazilian accounting standards require ownership of 20 per cent or more of the associated company's capital.

A representative of the Secretariat said that additional requirements for information and communications technology (ICT) had already been reported on in a paper on the associated costs of the capital master plan; no additional requests for resources were anticipated.

That is, the gain to SSA in the dynamic model is about six times as large as in the static model. The huge welfare gain from the dynamic model is associated with the impact of capital accumulation.

“Le territoire du Cameroun et le droit international”, report to the fortieth congress of the Association Henri Capitant, 12-16 February 1990, 74 pp., La maîtrise des sols, Travaux de l'Association Henri Capitant, Paris, Economica, 1991.